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20130101
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CSPAN 2
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CSPAN
Dec 30, 2012 9:00pm EST
came to deliver his autumn statement or mini budget. it set out the latest figures for the growth, tax and benefits. among the headlines the scrapping of a planned rise in fuel tax. a 1% rise in working benefits an an increase at the threshold in which people begin to pay tax. he would have to extend austerity measures until 2015. >> the deficit is coming down, coming down this year and every year of this parliament. yes, the deficit is far too high for comfort. we cannot relax our efforts to make our economy safe. but britain is heading in the right direction. >> money would be spent on infrastructure projects like road and rail. >> he moved on. >> those will see it rise by an average of 1%. in a similar approach of a 1% rise should apply to those in receipts of benefits. that's fair and it will ensure that we have a welfare system that britain can incur. >> that would cut taxes to 21%. the chancellor moved on to the topic of fuel. >> there is a 3% rise. somehow suggested that we delay it until april. i disagree. i suggest we cancel it all together. >> and finally he moved to changes
Search Results 0 to 1 of about 2 (some duplicates have been removed)